What is natural person in SAP LO-AGR-LOC-BR - Brazil Localization?

SAP Term: natural person

• Component: LO-AGR-LOC-BR

• Component Name: Brazil Localization

• Description: In Brazilian jurisprudence, a natural person is a real human being, as opposed to a legal person, which may be a private that is, a business entity or public that is, a government entity organization.

Smart SAP Assistant

• Key Concepts: 
  A natural person is an individual who is recognized by law as a legal entity. In the context of SAP, a natural person is a customer or vendor who is registered in the system as an individual, rather than as a company or organization. The LO-AGR-LOC-BR Brazil Localization component is a set of features that are specific to Brazil and are used to customize the SAP system for Brazilian customers. 
  
  How to use it: 
  The LO-AGR-LOC-BR Brazil Localization component can be used to customize the SAP system for Brazilian customers. This includes features such as tax calculation, currency conversion, and other features that are specific to Brazil. To use this component, customers must first register their natural person in the system. 
  
  Tips & Tricks: 
  When registering a natural person in the SAP system, it is important to ensure that all of the necessary information is provided accurately and completely. This includes name, address, contact information, and other relevant details. Additionally, it is important to ensure that all of the necessary documents are provided in order to complete the registration process. 
  
  Related Information: 
  For more information about the LO-AGR-LOC-BR Brazil Localization component, please refer to the official SAP documentation. Additionally, there are many online resources available that provide detailed information about how to use this component and how to register a natural person in the SAP system.